Source: VPN Technologies Inc.
  • VPN Technologies (VPN) introduced new artificial intelligence (AI) and machine learning capabilities, complementing its existing suite of software development activities
  • This business division will focus on AI-enhanced software development services and intelligent networking solutions, aiming to further the company’s ability to participate in this technology
  • VPN Technologies Inc. provides Virtual Private Network (VPN) services to the retail market and small to medium enterprises
  • VPN Technologies Inc. (VPN) was down 5.26 per cent, trading at C$0.09 per share as of 9:45 am ET

VPN Technologies (VPN) introduced new artificial intelligence (AI) and machine learning capabilities, complementing its existing suite of software development activities.

This business division will focus on AI-enhanced software development services and intelligent networking solutions to further the company’s ability to participate in this technology.

The company’s President and CEO, Paul Dickson, stated that AI has become an undeniable reality – one he says promises to revolutionize commerce practices at an unprecedented rate.

“With our sights set on mastering machine learning and artificial intelligence technology, we are eager to explore new possibilities that will expand our portfolio. We’re proud to announce the formation of a new AI division within the company.”

VPN Technologies Inc. provides Virtual Private Network (VPN) services to the retail market and small to medium enterprises.

The company provides online privacy and anonymity for users by creating a private network from a public internet connection.

VPN Technologies Inc. (VPN) was down 5.26 per cent, trading at C$0.09 per share as of 9:45 am ET.


More From The Market Online
Baytex worker

Baytex reports production growth, income drop in Q2 2024

Canadian oil and natural gas stock Baytex Energy (TSX:BTE) announces financial and operational results for its Q2 2024.
A gold bar from Dynacor Group's ore processing facility in Peru.

Green flags galore: Why to invest in Dynacor Group today

Gold stock Dynacor Group (TSX:DNG) announces a monthly dividend of C$0.01167 per share for August 2024 with eyes on further growth.